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model 3 delays News

Investors betting against Tesla — Citing financial issues

Continued delays in Tesla's Model 3 production, a recall of 123,000 Model S's over rusty bolts and a downgrade of the company's credit rating have made for a rough week for Elon Musk's electric car company, creating financial issues that could escalate.

Tesla has record loss in fourth quarter due to Model 3 delays

After reporting $675 million in losses attributable to shareholders in the fourth quarter, Tesla wrapped up 2017 with almost $2.0 billion in losses for the whole year.

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